Published on: Wednesday, January 18, 2012
|
Kota Kinabalu: Jesselton Mall is set to be the State Capital's premier exclusive retail outlets once completed in four years' time from now.
Integrated with the on-going Jesselton Residences development, the Jesselton Mall offers 123 retail lots for businesses.
"This development augurs well with the State Government's aspiration of making Sabah as the main shopping tourism destination in the region," said developer, Jesselton Waterfront Holding Sdn Bhd, General Manager, Kevin Thong.
The Jesselton Mall is designed to add greater value to Jesselton Residences, which is a high-end luxury condominium development, making it the city's premier address much like Orchard Road in Singapore.
Speaking to reporters here, Thong said the area where Jesselton Mall and its neighbour, Suria Sabah would be the new KK town.
Besides from walk-in customers and tourists, the business outlets in Jesselton Mall are also assured of customers from the occupants of the 333 condominium lots in Jesselton Residences, he said.
He said the Jesselton Residences project was selected as the only one from Sabah to participate in last year's investment forum in Shanghai, China in view of its high value as well as for the promotion of tourism.
Property sector in Sabah is expected to be on the upward trend not only due to tourism but also the oil palm industry and now the up and coming oil and gas industry.
For the Jesselton Residences, it was now 70 per cent sold.
Thong said sales for the Jesselton Mall will be launched this Friday until Saturday at Luyang Plaza.
Those buying within the Chinese New Year period would also be given "angpow" in the form of free sales and purchase agreement as well as loan legal fee, he said.
